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Investing
Stocks gain after Fed’s Powell hints rate cuts are coming
Stocks rose Friday morning as Wall Street cheered a signal from Federal Reserve Chair Jerome Powell that long-awaited interest rate…
Starbucks is giving its new CEO Brian Niccol a private jet to commute between his California home and Seattle office
New Starbucks CEO Brian Niccol won’t be a constant presence at its Seattle headquarters where he takes the helm next month. Instead,…
Powell just suggested interest rate cuts are coming. What everyone wants to know now
After a grueling two years of high inflation and elevated interest rates, Americans are finally set for some relief: Federal Reserve…
‘The time has come’: The Fed just sent a crucial message about its next move
America’s top central banker has unambiguously signaled that lower interest rates are finally on the horizon, marking a crucial…
Halliburton confirms a cyberattack forced it to take its systems offline
Halliburton confirmed on Friday that it was hit by a cyberattack that forced the major oilfield services company to take systems…
GM’s Cruise will offer robotaxis on Uber’s platform starting next year
Cruise will offer its autonomous vehicles on Uber’s platform starting next year, the companies said on Thursday, as the General…
Shein reveals child labor cases at its suppliers
Fast fashion retailer Shein found two cases of child labor at its suppliers last year, it said in its 2023 sustainability report, as it stepped…
Newsmax chief said in 2020 ‘we have no evidence’ election was rigged, but aired those claims anyway, Smartmatic alleges
Newsmax CEO Chris Ruddy knew the right-wing cable outlet had no evidence to back up its claims that Smartmatic was involved in rigging…
Peloton finally did something it hasn’t done in years
Shares of beleaguered exercise equipment company Peloton rallied sharply on Thursday after it reported its first rise in sales in more…
Canadian government forces rail lockout to end
Canadian Labor Minister Steve MacKinnon took action Thursday to end the shutdown of the nation’s two major freight railroads less than…